Tuesday, August 18, 2009

Outlook for 19th August 2009

Watch our Analyst (Neera Jain) discuss various stocks at CNBC Awaaz on 18th August between 11 am till 12.30 pm on programme “Aapka Sauda
Daily trend of the market is down.
The Market is taking a counter rally abut as the long term trend is down ,so it is advisable that the readers do not create any long positions till nifty does not come in uptrend
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Percentage above support
Percentage of stocks above support is barely 50% ,so it is advisable that the readers may quit the held deliveries at any counter rally and then do not invest fresh in deliveries
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Strong Futures
This is list of 10 Strong Futures: FSL, Bhushan Steel, GSPL, Mphasis, Rolta Ltd, Jindal Saw, Bharat Forge, Patni, Polaris Software & Cummins India
Weak Futures
This is the list of 10 Weak Futures: SuzlonUnion Bank Of India, Chambal Fert, Hero Honda, Divi'S Lab, RCom, Dabut India, Nagarjuna Fert, Ivrcl Infra, Indian Bank & Suzlon.
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